AOG-N-IT:
Allegheny County built an airport based on old economic forecasts that did not pan out. The world has changed and so far the ACAA has not been willing to change -- to address the primary airport problem that the bond debt makes it impossible for Pittsburgh to be profitable hub for US Airways.
However, just like at US Airways, everybody wants the other guy to take a haircut, but not me...let it be somebody else and the ACAA needs to change its tune now.
I live in Pittsburgh and from a personal perspective I want the hub to survive, so I can eventually return to the Western Pennsylvania airport for work versus commute.
US Airways must address its cost problem because domestic revenues will continue to fall. There needs to be a comprehensive solution that encompasses all areas of the company or this airline, just like every other network carrier, could fail. Simply put, US Airways' CASM must be below RASM and the ACAA has the opportunity to help US Airways balance that equation, to create a win-win for Western Pennsylvania, the airline, and Pittsburgh-based employees.
But as each day goes by and other industry airline events unfold, there is a higher probability that US Airways will leave Pittsburgh. The company has a good opportunity to move its assets to new areas, which have higher O&D traffic that may become available in the not-so-distant future. In fact, I understand a move could become public reality fairly soon, without a deal to keep the Pittsburgh hub reached in the near-term.
AOG-N-IT, industry consolidation is coming and one of the questions are: Will Pittsburgh be a part of it with the airport and its surrounding facilities a vibrant operation...or will the airport become a white (empty) elephant?
Regards,
Chip